Author Archives: Paul Ausick

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2 New Biotechs on IPO Calendar This Week

The number of initial public offerings (IPOs) in 2016 grew by five last week, with a food distribution company leading the way with an offering that raised more than $1 ...
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Boeing 777-9X

Why a Boeing 777-9X Costs $400 Million

After Boeing Co. (NYSE: BA) released its 2015 price list last July, the most expensive commercial jet the company on that list was the 777-9X, which carries a list price ...
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Airbus A380-800

Airbus Reaffirms Delivery Targets, Changes Accounting for A380

At its annual media briefing Monday in Hamburg, Airbus stuck with its 2016 delivery estimates for its A320neo and A350 aircraft, even though first-quarter deliveries put the company in a ...
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Trump’s Mistake: 9 Counties Running Out of Water

Earlier this month, California lifted some — but not all — of its statewide restrictions on urban water use. That was not sufficient to satisfy the Republican Party's putative nominee ...
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Death Valley

California Drought Covers 61% of State, as Trump Denies It

According to the U.S. Department of Agriculture's drought monitor, 61% of California is currently suffering drought conditions ranging from severe to extreme to exceptional. Donald Trump, who is virtually certain ...
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Temperature Drops to Minus 94 Degrees in Antarctica

As Americans enjoy the Memorial Day holiday and the beginning of summer, at the southern end of the planet winter is tightening its grip. A weather station on Antarctica reported ...
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Marijuana bloom

Marijuana News Roundup: Ohio State Senate OKs Medical Marijuana Bill

Supporters of a November ballot initiative to legalize medical marijuana in Ohio have suspended their efforts after the state senate approved legislation last Wednesday that accomplishes much the same thing. ...
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Why Is Amazon Cutting Prices Up to 75%

Retailers have to move inventory at a good clip in order not to get stuck with a bunch of stuff they can't sell because it has passed its sell-by date ...
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Temperatures Rise Above 110 Degrees in India and Algeria

Earlier this month, India recorded its highest-ever temperature of 123.8 degrees Fahrenheit in a town in the northwest part of the country. Saturday morning, the city of Ramgundam recorded a ...
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ANA 787

Boeing Shares Down 10% This Year

For the first quarter of 2016, the worst performing stock in the Dow Jones Industrial Index was Boeing Co. (NYSE: BA), down 12.2%. In the first two months of the ...
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cannabis plants

Marijuana Price Up 3.4% to $2,096

For the week ended Friday, May 27, the spot price index for a pound of cannabis increased 3.4% from $2,027 in the prior week to $2,096. The simple average price ...
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Oil worker

Oil Rig Count Dropped by 2 Last Week, Hedge Funds Take a Breather

In the week ended May 27, the number of rigs drilling for oil in the United States totaled 316, down two compared with the prior week and a total of ...
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Stock Price

The 52-Week Low Club for Friday

May 27, 2016: Here are four stocks trading with relatively heavy volume among 17 equities making new 52-week lows in Friday's session. NYSE advancers led decliners by about 2 to ...
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stock market

The 4 Stocks That Bolstered the DJIA on Friday

May 27, 2016: Markets opened higher again Friday and all three major indexes traded higher for the entire session. The second U.S. first-quarter GDP estimate out this morning was lower ...
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KC-46A F/A-18

Boeing, Air Force Push Out Tanker Schedule

In a joint press release Friday afternoon, The Boeing Co. (NYSE: BA) and the U.S. Air Force are moving the formal production decision on the new KC-46A tanker program from ...
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